<p>
  The short-term reversal strategy implemented in this tutorial produced a lower Sharpe ratio than the S&P 
  500 index ETF benchmark over all our testing periods except during the 2020 market crash. To continue the 
  development of this strategy, future areas of research include:
</p>

<p>
  To continue the development of this strategy, future areas of research include:
</p>

<ul>
  <li>Increasing the data resolution and adding risk management logic.</li>
  <li>Applying the strategy to a different universe of securities.</li>
  <li>Testing other lookback periods for the RateOfChange indicator. Some researchers exclude the most-recent month’s price action from the indicator’s calculation.</li>
  <li>Adjusting the weight for each insight emitted from the alpha model. Perhaps the most extreme performer of all the securities the alpha model is about to long (short) should be given the largest weight of all the securities the model is about to long (short).</li>
</ul>